Daily Fasteners and Fixings News by Bazibaza

USA

Industrial Fasteners Institute (IFI) Elects New Chairman and Vice Chairman – chinafastener.com

 The Industrial Fasteners Institute (IFI), held its Annual Meeting in Ojai, CA March 21-24, 2015. Newly elected Chairman for the period 2015-2016 is Mr. David J. Lomasney of MacLean-Fogg Component Solutions; newly elected Vice Chairman is Mr. James ... [Read More]
2015/08/19

Fastenal installs 50,000th industrial vending machine – Industrial Supply Magazine

 Fastenal announced that it now has 50,000 FAST Solutions industrial vending machines installed at customer locations. The 50,000th unit was installed at the Terex Mixer manufacturing plant in Fort Wayne, Ind., this summer. It is one of 228 FAST ... [Read More]
2015/08/19

Pentair buys Erico, maker of fasteners and electrical equipment, for $1.8 billion – StarTribune.com

 Pentair PLC will pay $1.8 billion for Ohio electrical and fastener maker Erico Global Co. in a deal that greatly expands its electrical offerings and diversifies an income stream that some worried was too dependent on the ailing oil and gas sector... [Read More]
2015/08/19

Asymmetric Fastener Recess And Key Published By US #Patent Office On 04/02/2015 | www.TechLaw.Attorney

 According to USPTO, the disclosure provides  fastening system including a pin member and a key for engaging the pin member. The pin member includes a shank portion and a recess formed within an end face of the shank portion. The recess includes a ... [Read More]
2015/08/19

Alcoa Realigns Downstream Segment – chinafastener.info

 Alcoa is realigning its downstream portfolio into two segments. One segment, including Alcoa Fastening, will focus solely on aerospace, and the other segment will be centered on the construction and the commercial wheels markets. The Engineered ... [Read More]
2015/08/19

Larry Swanson Seeks Funding Support for the Retail Launch of ScrewGrab – Press Release – Digital Journal

 SCREWGRAB helps remove damaged or rusted screws, nuts, and bolts, INSTANTLY! A single dab of SCREWGRAB creates a positive grip between tool and fastener, increasing the torque or friction by over 800% (supported by independent tests)! Works with ANY ... [Read More]
2015/08/19

U.S. Fastener Imports & Exports Remain Weak in June – chinafastener.info

 U.S. fastener imports of iron and steel fasteners (HTS Code: 7318) declined 4% month-to-month to $432,371,646 in June and exports changed 0% to $329,065,520. Screws, Bolts, Nuts, Coach Screws, Screw Hooks (...) via U.S. Fastener Imports & ... [Read More]
2015/08/19

Buffett’s Berkshire Hathaway Buying Precision Castparts – Global Fastener News – USA

 Berkshire Hathaway agreed to acquire Precision Castparts Corp. for $37.2 billion cash, including outstanding PCC net debt. The price equals about $235 per share. “I’ve admired PCC’s operation for a long time,” (...) via Buffett's ... [Read More]
2015/08/19

CHICAGO RIVET & MACHINE : Management’s Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q) | 4-Traders

 Revenues for the second quarter of 2015 were $9,206,174 compared to $9,500,678 in the second quarter of 2014, a decline of $294,504, or 3.1%. Despite the lower sales, net income for the second quarter of 2015 was relatively unchanged from the ... [Read More]
2015/08/19

Fastenal Marks Vending Machine Milestone – Global Fastener News – USA

 Fastenal recently installed its 50,000 FAST Solutions industrial vending machine. The milestone machine, which was placed in the Terex Mixer manufacturing plant in Fort Wayne, IN, represents seven years of innovative growth (...) via ... [Read More]
2015/08/18